Osage Nation Government 2023 Audit Report “Clean” Showing Strong Accountability

Chief Standing Bear Celebrates Osage Nation Employees for Continuous Clean Audit Results 

OSAGE NATION, Okla. (September 20, 2024)—The Osage Nation Government 2023 audit report is clean, with zero significant deficiencies or material weaknesses. An independent audit report shows top-tier accountability and oversight by the Osage Nation Government. A “clean” opinion is a report that an auditor issues when they find that financial statements are fairly presented and by generally accepted accounting principles (GAAP). It indicates that the auditor found no material misstatements during the audit and that the entity followed the applicable financial reporting framework. 

“Once again, the Osage Nation has received an outstanding audit report showing strong oversight by the Osage Nation Treasury, Procurement, Accounting, and Grants Departments,“ said Principal Chief Geoffrey Standing Bear. “We are grateful to our Osage Nation employees for this massive accomplishment, which speaks to their hard work and dedication.” 

In addition to the “clean” report, the audit states that “all records and information we requested were freely available for our inspection, cooperation was excellent from management and all levels within the organization.” 

Mr. Mike Dierlam from REDW, an independent CPA firm based in Phoenix, AZ, presented the findings. REDW is a Certified Public Accounting firm that commonly assists tribal governments and federal award audits, collaborating with more than 200 Tribal Government clients. REDW offers financial solutions, accounting, audit, tax, and wealth management for individuals, mid-market companies, and Tribal Nations. The firm was founded in 1953 and is one of the largest CPA and business consulting firms based in the Southwestern U.S. 

Mr. Dierlam stated, “The Osage Nation Government has some of the best grant compliance we have ever seen, with a very high level of compliance, which speaks volumes to the quality of accountability and oversight.” 

A copy of the audit is available at www.osagenation-nsn.gov/government/executive-branch/treasury.

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